Quote:
Originally posted by sebastian_dangerfield
Thats nice, but it doesn't work when globalization allows your competitor to move his labor costs offshore and sell his competing product (which is usually built much better abroad) cheaper. Unless protectionism is embraced, which it will never be, the unions will continue to wither. BUT, eventually, labor costs abraod will rise, as they are in India, and it will again become profitable to build things domestically. When it becomes profitable enough to build at home and eat the shakedown costs from the unions, the jobs will return. But if you're a worker caught in the in between time, well, you're a market casualty. It happens.
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Missed. Point.
My point related to the countries where the work is being off-shored. If THOSE countries unionize, and their wages go up, you see real growth.
India's an interesting example. Labor costs are skyrocketing there without expanded unionization in the real software services (programming business), but I'm told they are still very low in the call center business.
